Tere Blanca Tere Blanca

MIAMI—Flight to quality. Those were three words we heard over and over again after the commercial real estate industry imploded and left Miami’s office inventory largely dark in 2008.

“During the course of the past year, class A assets dominated the market, capturing more than 80% of the total positive net absorption across Miami-Dade County,” Tere Blanca, president and CEO of Blanca Commercial Real Estate tells GlobeSt.com. “Further evidencing the trend of tenants making a ‘flight to quality,’ major in-market moves, new-to-market entries and expansions were influenced by companies choosing to establish their footprints in premier trophy assets, as well as newly delivered office product.”

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Jennifer LeClaire

GlobeSt

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